Jarden Corp. PT Raised to $70.00 (JAH)
Investment analysts at Oppenheimer raised their target price on shares of Jarden Corp. (NYSE:JAH) from $62.00 to $70.00 in a note issued to investors on Friday, Analyst Ratings News reports. The firm currently has an “outperform” rating on the stock. Oppenheimer’s price objective suggests a potential upside of 17.79% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital initiated coverage on shares of Jarden Corp. in a research note to investors on Tuesday. They set an “outperform” rating and a $75.00 price target on the stock. Separately, analysts at Zacks upgraded shares of Jarden Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, January 2nd. They now have a $64.60 price target on the stock. Finally, analysts at KeyCorp initiated coverage on shares of Jarden Corp. in a research note to investors on Monday, December 16th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $62.69.
Jarden Corp. (NYSE:JAH) traded up 3.75% on Friday, hitting $61.66. 1,231,854 shares of the company’s stock traded hands. Jarden Corp. has a 1-year low of $35.80 and a 1-year high of $61.58. The stock has a 50-day moving average of $58.31 and a 200-day moving average of $50.53. The company has a market cap of $7.931 billion and a P/E ratio of 30.62.
Jarden Corp. (NYSE:JAH) last released its earnings data on Wednesday, October 30th. The company reported $1.04 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.00 by $0.04. The company had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter last year, the company posted $0.90 earnings per share. Jarden Corp.’s revenue was up 5.6% compared to the same quarter last year. Analysts expect that Jarden Corp. will post $3.58 EPS for the current fiscal year.
Jarden Corporation (NYSE:JAH) is a global consumer products company.
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